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Vol. 8 No. 2 & 3 April - September 2005

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SHRI. ABHERAJ HIRACIIAND BALDOTA01-08 -1916 to 29-09-2005

Shri.Abheraj Hirachand Baldota, eminent industrialist, environmentalist, banker and

economist, is considered one of the architects of free Indi&s industrial development and

modernisation. Born on August 01, 1916 in Urlikanchan, Dist. of Pune (Maharashtra)

to late Shri. Hirachand Mokamdas Baldota and late Smt.Jasodabai Hirachand Baldota,

he made the country proud through his stead fast adherence to a vision for his country;

which he loved immensely.

The future depends on what we do in the present.

An Arts Graduate from St. Xavier’s College and Law Graduate fromGovernment Law College, Mumbai, he started practicing law in the

Mumbai High Court in 1943. He was known as Metal King as his firm

Baldota Bros. was the largest importer of non-ferrous metals in India.

He subsequently successfully ventured into the industrial arena with

the establishment of various industries such as textile, plastic,fire-fighting foam compound and mining.

He was amongst the earliest exponents of free enterprise in India.

In 1952, he founded and chaired the Greater Bombay Co-operativeBank Ltd., which is the leading Co-operative Bank in Maharashtra.

The Government of Maharashtra had honoured him with the title,

“Justice of Peace”. He had the distinction of being the Chairman of

several institutions during his lifetime such as Bombay MetalExchange Ltd, Akhil Bhartiya Jam Svetambar Conference. He was also

awarded the National Safety Award in 1989 from the hands of the then

President of India, Hon’ble Shri. R. Venkatraman. He was the doyen of

mining industry.

With his foresight and vision, he has built up a work force known for

its dedication and sincerity. Shri. Abheraj H. Baldota was a Gandhianresponding to many noble causes and making large donations to

various institutions. His interest in the educational field is no less and

Jie laid the foundations of a number of educational institutions. He wasa philanthropist always ready to help public causes and ever ready tohelp anybody in any sphere of life with an enduring smile. He was amulti-faceted personality and a true Gandhian who spread the message

of Trusteeship. He was a guide and philosopher to every person who

came in his contact. He was a builder of institutions and a great man ofvision. Above all, he was a patriot who had enormous courage to stand Sup for what he firmly believed to be in the interest of the country.

Shri. Abheraj Baldota was known for his innovative and forward

thinking initiatives both as an industrialist as well as a philanthropist.

In deed the country, on the demise of Shri. Abheraj Baldota, has lost aworld ranking and respected entrepreneur possessing immense vision

and determined dynamism.

Our salute to the departed legend who has carved the future for the

setting up of a very robust value system.

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RENEWABLE: ENERGY AWARD

MSPL is the proud recipient of the award for the “Highest Investment” in the fieldof Renewable Energy for the year 2004-2005 instituted by Govt. of Karnataka.On the occasion of Rajiv Gandhi Akshay Urja Divas Celebrations,Sri. Rahul N. Baidota, Executive Director, Baldota Group ofcompanies received theaward from Shri. H. K. Patil, Hon’ble Minister for Law & Parliamentary Affairs,Govt. OfKarnataica on 20th August 05.

The award consists of a Silver Plaque and Certificate of appreciation by theGovernment of Karnataka, Dept. Of Energy; and Karnataka Renewable EnergyDevelopment Corporation Limited (KREDL).

The award was given by SM. H. K. Patti. Hon’ble Minister for Law & Affairs.Govt. of Kamataka to. Shri. Rahul N. Baldota, Executive Director, MSPL Limited.

MSPL Limited along with its sister concerns has the unique distinction of being“India’s Largest Wind Energy Producer”. The company has invested Rs. 460 Crores forproducing 105 MW of wind energy during the year 2004-05. So far the company hasinvested Rs. 650 Crores in the wind energy sector for producing 135 MW energy.

MSPL Limited is planning to expand its wind farms at Dhule in Maharashtra State andKappadagudda Hills in Gadag District ofKarnataka.

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Shri. Narendrakumar A. Baldota, CMD,MSPL Ltd.. inaugurates MSPL Exports, an100% EQU Plant at Ingaligi Village on01.06.2005 in the presence o’fShri. S. B. Chhajed, Chartered Accountant.Mumbal, Shri. R. N. Baldota &Shri. S. N. Baldota, Executive Directors.Shri Meda Venkataiah, Executive Director(Mining) and Mrs. M. Lalitha Venkataiah.

Shri. Narendrakumar A. Baldota switching on the button tocommence operations at MSPL Exports.

MSPL Exports a 100% Export Oriented Unit of Baldota

Group was inaugurated by Shri. Narendrakumar A. Baldota,

CMD, MSPL Limited on 1 June, 2005. The unit has been

approved by the Ministry of Commerce and Industry,

Government of India under the special scheme as envisaged

in Foreign Trade Policy 2004-09. The plant is commissioned

with Crushing, Screening, and Washing facility at Ingaligi

Village, Hospet Taluk. The entire unit is environmental

friendly with dust covers and noise control. The plant will

produce high value products like High Grade and Medium

Grade Calibrated Sinter Fines and Lump Ore, High Grade

Calibrated Lump Ore for DRI, Super High Grade Concentrate,

High Density Proctor Aggregates and Special Weighting

Agent for Export Purpose.

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Shri Meda Venkataiah, Executive Director (Mining) is addressing thegathering at the inauguration of the plant.

Iron ore being loaded on truck through the storage bin.

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A view of the MSPL Exports plant showing Hopper,Crushers and Conveyor system.

PLAN FOR ThE PLANET! WORLD ENVIRONMENI DAYWORLD ENVIRONMENT DAY 2001

5 JUNE 2005MSPL Limited joined the rest of the world in celebrating the World Environment Dayon 6th June 2005. Shri. M. Sivadass, Secretary, T. B. Board, Shri. S. S. Hiremath,Dy. Director, Mines & Geology and Dr. Balaraju, BEO were the guests on the occasion.Shri. Meda Venkataiah, Executive Director (Mining) presided over the function.The company for the 6 consecutive year has undertaken Afforestation program intheir facilities by involving school children to mark the occasion and thereby spreadawareness on Ecology and Pollution Control measures in the young minds of the futuregeneration. The company had so far planted and nurtured nearly 1.6 Mfflion Trees ofvarious species in Vyasanakere Mines, MSPL Exports, PVS Mines and RMMPL.As a part of the celebrations, Drawing and Essay Competition on Environment andPollution were conducted for Sthool Children and prizes were distributed.

q~p~MSPL LI RED ~ MSPL UMITEDCELEBRATES .~

WORLD ENVIRONMENT DAY-2005ON: 06-06-2005.

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From L to R Mr. R N. Krishna Murthy, 0GM (Mines) School children participated in World Env ronmentnd—M. . . .

(Mining) of MSPL Ltd., Mr. M. Sivadass, Scretary,T. B. Board, T. B. Dam, Mr. S. S. Hiremath,Dy. Director, DM~ Hospet, Dr. Balaraju, BEO,Hospet.

Mr. M. Sivadass, Secretary, T. B. Board,T. B. Dam, Planting a sapling. Also seenMr Meda Venkataiah, ExecutiveDirector (Mining).

Do not go where the path may lead go instead where there is no path and leave a trail.

— Students participating in Plantation program in‘S Wasanakeri iron Ore Mines

School Children Planting Saplings at MSPLExports 100% EOU Plant atingalagi Village

FJ1TH1K0 VA IRON ORE MINES ~CELEBRATES flV~fl*fl$I Mr. Hanumanthappa, Forester HospetdistribUting

WORLD NVI ENT DAY-2005 certificatestOSch00lchild~~0 0 -2005.

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Students participating in drawing Competition onthe occasion of World Environment Day.

National seminar on Mineral Exploration. Mining

~ and Mineral beneficiation A road map to vision2020 on 20th & 21st May 2005 at Chennai

7 -.. organised by Mining Engineers’ Association ofIndia, Tamil Nadu Chapter.

At the Annual General Body Meeting held on20.05.05 Sri. Meda Venkataiah, Executive Director

- (Mining) was installed as President for a Secondterm (2005-07)

Shil. RameshraTTl Mishra, Secretary IndustTles Lighting InauguralLamp and also seen Dr P. M. Tejale, Shri K. Gowrappan,Shri. Meda Venkataiah and Dr. V. Palanisamy.

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We have entered into contract with SteelAuthority of India Ltd.(SAIL) to set up 50 TPDOxygen Plant on Build Own and Operate (BOO)basis for a period of 15 years for their Unit:Vishveswaraya Iron and Steel Ltd., Bhadravathi.Mr. H. K. Roy Chowdari, Executive Director ofVISL, Bhadravathi and Mr. K. Prabhu, GeneralManager (GD), MSPL Limited, Hospet haveexchanged the signed agreements on 11August, 2005.

Spreading of Oxygen in Soiapw’

Bhumi Pooja of our Oxygen Plant wasperformed on 10 August, 2005 in thename of L. R. Industries, Solapur, a 100Cum per hour Oxygen plant set up toserve Medical Oxygen to the hospitals inand around Solapur, Maharashtra.

Smt. & Sri. Raviraj, AGM (T&P) petorming the Pooja ofNew Oxygen Plant at Solapur.

Performance of Gas Division

In the First half year 2004-05 Vs 2005-06.theA3roupsGas.Businesssecorded.an.lncreasQOf30.88% in production, 42.79 % increase in Plant On Line Time.(POLT).-The-sales-showed agrowth of 33. 10% increase in comparison with previous First Halfyear 2004-05 Vs 2005-06.

GROUP GAS BUSINESS FIRST HALF YEAR PERFORMANCE2004-05VS2005-06

45.0%42.79%

40.0%

35.0%30.88%

30.0%

25.0%

20.0%

150%

10.0%

5.0%

0.0%SALES (In Cum) PROD (In Cum)

Aiwa s remember that the future comes one day at a time.

Smtr&-Sri--R—NrKrfthn~ungy—oGM ( nesperforming the Homa at Vyasanakeri Iron Ore Minesand also seen Shri. Meda Venkataiah, ExecutiveDirector (Mining) and staff of Baldota Group ofCompanies.

A large scale Mass Feeding was organized, in whichover 5000 people participated.

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Tradition, Culture and Festivals find a special place at MSPL.This festival was celebrated grandly on 07.09.2005. On theauspicious day, a special Pooja & Homa was conductedin the Lord Ganesh Temple at Vyasanakere iron ore mines.Employees of MSPL and people from nearby villages gatheredat the temple to seek the blessings ofLord Ganesha.

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Adorning Lord Ganesh with silver covering

Men talk of k

Gold MedalMSPL Limited, as part of its Corporate Citizenshipinitiative has instituted an award of merit foroutstanding performance in B.E examinations ofProudadevaraya Institute of Technology, Hospet.The “Abheraj Baldota Foundation” has been presentingthis award for the last 3 years in the name of AbherajBaldota Gold Medal”. The medal is awarded to the topsix students graduating from the institute.

Sri. C Pompana Goud, President, V. V. Sanga awarding theAbheraj Baldota Gold Medal to Ms. Kiran Mala Singh whosecured 77.36%fortopping the BE- Information Science

An award of merit for outstanding performance inthe 10 Std., exams of Deepayana School carrying /a Abheraj Baldota Gold Medal has also beeninstituted by the Abheraj Baldota Foundation.This year the Abheraj Baldota Gold Medal waswon by Kum P Shireen Taj who secured 94.40%. Shri. Narendrakumar A. Baldota, CMD, MSPL Ltd.. awarding

the Abheraj Baldota Gold Medal to Kum. P. Shireen Taj, topper inthe 10 StandardexamsofDeepayana School.

Sri. K. R. M. Reddy has joined our organization as General Manager (PR) on 28th April2005. He has a Master’s Degree in Social Work with Specialization in PersonnelManagement, LLB., PG Diploma in IR&PM, PG Diploma in Public Relations and iscurrently pursuing PhD in Management from Bangalore University. He has nearly23 years of rich experience in the fields of Human Resources Management, PublicRelations General Administration, Liaison, Legal and Estate matters in large miningand manufacturing public sector undertakings. MSPL News Magazine warmlywelcomes Shri. K. R. M Reddy.

Shri K. R. M. ReddyGM (PR)

Shri Arun Solomon has joined our organization as General Manager (HR)effective from 12th May 2005. He has done his MA in Social Work withspecialization in Personnel Management and has put in over 32 years service invarious private and multi national companies in various capacities rangingfrom Officer to Director, HR

Shri Arun SolomonGM (HRD)

Appreciation for academic successLimited jointlyto the following

Dr. Vinayak K. Naik, Assistant General Manager (HR D), MSPL Limitedwas awarded Post Graduation In Alternative Dispute Resolution Lawsfrom International Center for Alternative Dispute Resolution andNaSAR, Law University, Hyderabad on 16.07.2005. The course, the firstof its kind in the country, makes him eligible to qualify on the Panel ofArbitration Judges in the Indian Council of Arbitration under theArbitration and Conciliation Act 1996. At the Convocation Programme,he received the degree certificate from the Hon’ble Chief Justice of India,Shri Justice Lahoti, in the presence of Hon’ble Chief Minister of AndhraPradesh, Dr. Y. S. Rajashekar Reddy and Hon’ble Shri Justice Bilal Nazki,Acting ChiefJustice ofAndhra Pradesh High Court.2. In passing the Mines Managers Certificate of Competencyissued by the Directorate General of Mines Safety, Dhanbad.

FIRST CLASS MINES MANAGER1. Shri. Ajay Kumar Singh Gautam 2. SM. Kumar Shivesh3. Shri. Md. UmarAlamSECOND CLASS MINES MANAGER1. Shri. N. Nagaraj

MEDAL

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Welcome to Family

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The Management, Staff and Workers of MSPLcongratulate and place on record their appreciationofficers for their success in diverse endeavours:

Dr. Vinayak K. Naik, AGM (HRD), MSPLLimited receiving PGADR Degree Certificatein the hands of Hon’ble Shri. JusticeR. C. Lahoti, Chief Justice of India, at ICADR,Hyderabad for his meritorious success in theadvanced course.

SPORTING GESTURE

We have donated Rs.l,SO,000 - to SavlaSisters of Mumbai to participate in theInternational Handball Tournamentheld at Denmark and Sweden between5 July2005 and 16 July2005.

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Miss Dhani Savia, Miss.Esha Savia & Miss.Prersha Sayla

We have donated Rs. 1 Lakh to Miss. ShamikaDesai, Belgaum for Table Tennis representingKarnataka State. She participated in theNational Ranking Championship (West Zone) inthe academic year 2004 - 05 held at Thane,Mumbai

Miss. Shamika Desai receiving a Cheque for Rs. I Iakh fromSM. NarendrakumarA. Baldota, CMD, MSPL Limited.

PRATHIBHAH K J C

Prathibha Karanji Competitions were conducted on 0109.05 and 02.09.b5. Students ofHospet Taluka Level - Primary and HigwSãhoolwtobk parVin various competitions.Cultural programs have a special place in MSPL Limited and in line with the samesponsored prizes and certificates.

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Mr. S. Mruthunjaya, Manager (Admit), MSPL Limited, Mr. H. M. Siddalingaiah, AGM (Tr). MSPL Limited, Hospet distributed theHospet distributed the prizes to primary school children, prizes to high school children.

There is a wisdom of the head, and a wisdom of the heart.

HELPINGSTUDENTSREACHTHEIR GOALS

The “Abheraj H. BaldotaFoundation” which spearheadsthe social activities of MSPLLimited, donated a Bus to“Sri Markendeshwara PrimarySchool, Hospet” for benefit ofstudents.

Sri. Narendrakumar A. Baldota, Managing Trustee, Abheraj BaldotaFoundation and Chairman & Managing Director of MSPL Limitedhanded-over the Keys to MarkendeshwaraAssociation.

Distribution of clothes and rice bagsto the people of Adavihalli Village,Koppal Dist., who suffered loss dueto heavy rains.

Mr. K. R. M. Reddy, GM (PR) and Mr. S. Mruthunjaya, Manager(Admn.) jointly distributed clothes and rice bags.

Chi. Puneeth, aged 16 years is a postkidney transplant patient. AbherajBaldota Foundation has donatedRs.1,20,000/- for kidney transplatationwhich was done at St. John’s Medical

_______ College Hospital, Bangalore.

SM. Abe~j H. Baldota handedover a DD of Rs.1 .20 000/- toChi. Puneeth and his father Mr. Harishankar Rao.

S ectacular achievements are aiwa s receded by unspectacular preparation.

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• We have donated Rs.5 Laos to Oswal Mitra Mandals Artificial Limb Trust for

purchasing ofpremises for the Matrimonial Bio Data Bank, Mumbai.

• We have donated Rs.5 Laos to Khidmat Ui Muslameen (Phoolbun School, Hospet)

for construction of school building.

• We have donated Rs .50,000/- to Smt. Rathnama, Teacher, for construction of

School building.

• We have donated Rs. 83,000 - on 25.04.2005 for the treatment of 5 year old Baby

Pirani at Manipal Heart Foundation. Baby Pirani, from Kishkindha Trust, Anegondi

was suffering from moderate size Ventricle Septal Defect (VSD).

• We have contributed Rs. 4,95,000/- to the Deshpande Rural Development and Self

Employment Training Institute, Haliyal towards training of 140 rural youth for

self-employment in areas like Computer DTP, Sustainable Agriculture,

NC Refrigeration repair and Welding & Fabrication.

• Rs. 2,00,000 donated to Student’s Experience in Inter-State Living for setting up of

—academic-cent ., at Guwah

Rep art fr in cur weather static

—Month Average Wind Mm. Temp Max. Temp Total RainfallKm/hr Degree Celsius Degree Celsius mm

Apr. 2005 03.90 23.50 39.00 31.50

May. 2005 04.56 25.00 344.00 48.25

Jun. 2005 05.92 261.50 38.00 91.15

Jul. 2005 04.78 24.50 36.00 317.85

Aug. 2005 04.51 25.50 36.00 262.65

Sept. 2005 04.45 22.00 32.50 172.40

You dont have to be eat to start, but ou have to start to be great.

- flWLOYEE, OF TUE MONTH - MSPL~

April 2005Mr. A.M.M. Veerabhadraiah is a Tam Rock Operator. He merits recognitionfor his timely action and self initiation in protecting the property of thecompany. On the 13°’ of April 2005, a fire broke out in a Tam Rock DrillingMachine. Mr. Veerabhadraiah immediately alerted the AMM and made allefforts to successfully control the fire to a great extent. His initiation savedthe costly parts of the machine from heavy damage.He ii~iThonest, sincere, obedient and punctual employee. He takes goodcare of the machines as well the en(rironment.

A.M.M. VeerabhadraiahMay 2005

A senior welder, Mr. 0.8 Honurappa merits recognition for his extraordinarywork in attending to a VAYU Excavator Bucket Mounting Cooler. It was duringthis month whildthe Volvo Excavator was working at Ingaligi, that the bucketmounting cooler broke down. But this cooler was not available withMJs.Volvo.However, Mr. Honurappa successfully repaired the cooler in our ownworkshop and not only saved time and money but also increased theavailability of the working hours of the machine

June 2005 &S. Honnurappa

A Tachnician in P/L Section merits recognition for his excellent work andpresence of mind during working hours when the HM 7 loader stopped dueto engine failure. It was found that the pistons were seized. While cleaningthe engine block Mr. B. K. Shanmuga observed the hairline crack in boreand reported it immediately to the higher officers. This matter was thennegotiated with the MIs. Ashok Leyland and they have agreed to replacethe existing engine block on the ground of manufacturing defect.His observation and communication to the higher officers in time not onlysaved further loss to the machine but also saved costs to the extent of

BK. Shanmuga Rs. 85000 to the organization. He is sincere & obedient in his duty

A Marilingappa and Suresh Koli made the HSD tankermeasuring 2600 ltrs capacity by using old dented tankcollected from the scrap yard. The tank was given toIngaligi Plant for use. They have saved a cost ofapproximately Re. 60,000 to the company. They arevery sincere and honest in their work.

August 2005

Marilingappa Suresh Kofi

K. Venkatesh, a carpenter merits recognition forattending to all wooden works in the mines. He makesall types of office and mining equipments etc., by usingscrap materials. He attends to all the carpentry work ofthe MSPL Group mines. He is a multiskilled worker.He is sincere and honest in his duty.

September 2005K. Venkatesh

Mr.K.M Shivadevajali, Officer, Administration (142144) apar mdelivering his normal work, has actively participated in the Ganeshafestival and ensured that the temple was kept neat and clean. His work ishighly appreciated and he deserves to be recognized as the Employee of theMonth.

K. M. Shivadevaiah

Even as water carves monuments of stone, so do our thoughts shape our character.

April 2005

Mr. Parusharamudu merits recognition for his remarkable multiple skillsat various job positions, resulting in effective utilization of machiner~çcontrol of traffic and quality of products. He is a sincere and flexible teammember.

May 2005

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Mr. Mohamed All, Driver in D&P (Tipper Section) merits recognition for theadditional work he has undertal4n as liaisoning supervisor. In this role,he was successful in getting timely service for all tippers/Hyva vehiclesfrom Tata dealers. This activity was performed along with his regulardriving job. He is a safe, punctual and disciplined employee.

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Mr. Mohamed Alia

I June 2005

Mr. Kasim

Mr. Kasim, Helper in Machinery Maintenance Department meritsrecognition for his excellent maintenance skills developedthrough self-empowerment, self-learning and ownership ability.His contribution has resulted in reduced man-power involvement inmaintenance and higher availability of conveyance vehicles.He is a sincere and punctual employee with the ability to meetstretched goals.

He merits recognition for his multi-skill work in effectively handlingTippers records, billing & taking additional responsibility of shiftmaintenance engineer to cope with the shortages. His safety &environmental conscience are appreciable.

August 2005

Mr. Rama

Mr. Honnur Sab

September 2005

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He merits recognition for his exceflent learning ability to take up storetransaction & their accounting. He is multi-skilled & his services are usedin weighbridge, store records & machinery supervision. He is punctual.

Mr. Sharana Basappa

EMPLOYEE OF THE MONTH. - RMMPL

Mr. Parusharamudu

He merits recognition for his excellent learning ability & additionalresponsibility of operating loaders during shortage of operators tomaintain the production targets. He is sincere & punctual.

Love the moment and the ener of the moment will s read be ond all boundaries.

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MORE POWER TO THE NATION

MSPL is the proud recipient of the award for theHighest Investment in the field of Renewable Energy

during the financial year 2004 - 2005.

Energy is e i e me ofrnodem socielies and we at MSPL are committed to

invest in reliable, affordable and environmentally sustainable energy.

An investment in the production of 140 MW in wind energy

makes the Group the single largest producer of clean energy in

the country.

“Energy_Independence has to be our nation’s first and highest priority.”

Dr. A. Pj. Abdul Kalani. Honourable President of India. on the eve of the 59th Independence Day celebration.

ihI& SL IMIEDIlijilS (A BALDOTA GROUP COMPANY)

MINING POWER GASES STEEL

rIS Head Office: Nehru Co operative Colony, Hospet 583203, Bellary District, Karnataka.Ph: off: 91-8394-232 003/04 Mines: 08394-244 122. Fax: 91-8394-232 333Email: email@mspllimited.com

MSPL LIMITED Regd. Office: Baldota Bhavan, 117, Maharshi Karve Road, Mumbai-20.(A BALDOTA GROUP COMPANY) Ph: 022-2203 0989 Fax: 022-2413 3766 Email: mspl.mum©mspllimited.com

First sa o ourseif what you would be; and then do what you have to do.